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20121205
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KPIX (CBS) 47
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English 58
Search Results 0 to 49 of about 58 (some duplicates have been removed)
CBS
Dec 10, 2012 4:00am PST
of communication are open, but time is running out for a resolution to the impending fiscal cliff. president obama and house speaker john boehner met behind closed doors sunday. it was their first face-to-face meeting since november 6, the election day, and now it look like some republicans may be breaking ranks. susan mcginnis is in washington with the latest. hi, susan. good morning to you. >> hi. many on capitol hill are encouraged by the weekend talks, but to get a deal done on time, apparently action this week is said to be critical. and now we have the president heading out on the road again. president obama leaves d.c. today, headed to michigan to talk to auto workers, part of his strategy to generate public support for his plan to avoid the fiscal cliff, the tax hikes and spending cuts due to kick in at year end. the president and house speaker john boehner met one on one at the white house on sunday. while no details were leaked, a rarity for washington, we do know the main sticking points remain. raising taxes on high earners and making cuts to entitlement programs like medicare. >> you
CBS
Dec 10, 2012 7:00am PST
in there tangoing, you've got a chance to get it done. >> president obama and speaker boehner negotiate face to face at the white house. >> republicans are softening their resistance to a tax increase for the rich, but they want something in return. >> there is a growing group of folks realizing that we don't have a lot of cards as it related to the tax issue. >> an american doctor who had been kidnapped by the taliban in afghanistan was rescued. >> dr. dilip joseph is free, but one u.s. navy seal lost his life in this mission. >> this fallen hero was a member of navy s.e.a.l. team 6. >> condolences pouring in after the tragic death of mexican-american singer jenni rivera, killed in a plane crash. >> for the first time since their prank call that led to the apparent suicide of kate middleton's nurse, those radio hosts are speaking out. >> we didn't have any idea like something like this could possibly happen. we couldn't see this p haing. it was meant to be a prank call. >> the midwest covered in snow this morning. some saw up to 17 inches of snow. >> you head out with your well dressed pet monkey.
CBS
Dec 11, 2012 4:00am PST
obama said the law was politically driven. susan mcginnis is in washington with details. good morning to you. >> reporter: good morning. yeah, the governor now says he wants the economic boost that the law would bring, the jobs and the companies that would locate there, but many disagree. workers say it's going to push down their pay and benefits and weaken unions. police stand shoulder to shoulder preparing for as many as 10,000 protesters at the michigan state capitol today. >> people have a constitutional right to demonstrate. however, all we ask is that they do it in an orderly, lawful, and civil manner. >> reporter: state legislators vote this morning on a right-to-work bill that would weaken unions. opponents acknowledge they're powerless to stop it. >> at the end of the day they'll be passed and signed by the governor. that doesn't make it right. >> reporter: the bill means michigan workers would no longer have to pay the union fees for negotiating contracts and other services. >> if i'm being provided a service by a particular organization, i don't care if that's a club due or
CBS
Dec 6, 2012 4:00am PST
's what they hear after the obama administration is ready to go over the fiscal cliff if the gop doesn't bid on higher taxes. on top earners. a just released poll shows nearly half of those ads say it's time to end tax cuts for the wealthy but keep it in place for americans earning $250,000 or less. 32% say the tax cuts should remain in place for everyone. during a broadcast interview yesterday timothy geithner was asked what if republican don't agree to raising taxes. >> is the administration prepared to go over the fiscal cliff? >> oh, absolutely. again, we say there's no prospect for an agreement that doesn't involve those tax rates going up. remember, it's 2%. remember, all of those americans, too, get a tax cut into that framework on the first $250,000 of their income. >> that said the president and speaker john boehner discussed the budget by phone yesterday. susan mcginnis is in washington with the latest on this game of fiscal chicken. susan, good morning to you. >> right. good morning, terrell. yeah, that phone call does raise the possibility that some serious talks could star
CBS
Dec 7, 2012 4:00am PST
in the streets of egypt today during a phone conversation, president obama told president mohamed morsi that the violence there is unacceptable. at least six people have been killed as morsi supporters and opponents fought outside of the presidential palace. opponents marched on the palace last night calling on morsi to step down. but in a speech to the nation he refused to compromise. holly williams is in cairo. holly, good morning to you. what's the latest there? >> reporter: some people hope that after days of protest and bloodshed president morsi would make a major concession when he addressed the nation but he didn't do that. his opponents want to have him immediately give up all of the sweeping new powers that he gave himself two weeks ago and postpone a referendum on egypt's new constitution which is due to take place in over a week. critics say the constitution doesn't protect the rights of all egyptians. president morsi didn't do either of those thing. instead he offered to give up just one of his new powers, a vaguely worded right to take any necessary measures to protect the
CBS
Dec 11, 2012 5:30pm PST
for reelection, governor snyder will face the voters in two years. >> pelley: thanks, elaine. president obama and house speaker john boehner talked by phone today about the so-called fiscal cliff-- those tax hikes for most americans and massive spending cuts that will kick in the first of the year unless two strike a budget deal. a republican source tells us that the president has cut his demand for more tax revenue from $1.6 trillion to $1.4 trillion, but the source said that the lower figure is no more acceptable to republicans. but the negotiations continue in private. the united states has a lot at stake in the syrian civil war. president obama has suggested that american firepower might be needed to prevent the dictatorship from using chemical weapons. we've learned that tomorrow the administration will endorse one of the rebel groups that is now fighting to overthrow bashar al- assad. who are these new american allies? clarissa ward found their leader in brussels. >> reporter: moaz al-khatib is the man chosen to lead a newly formed coalition of syria's opposition groups. what does it me
CBS
Dec 12, 2012 4:00am PST
obama and congressional republicans remain split on raising taxes on upper middle-class americans. susan mcginnis is in washington with the latest now. susan, good morning to you. >> hi. good morning, terrell. both sides are talking publicly about what they want. the gop pushing back against that. but privately negotiations do continue. in an exclusive interview airing on abc's "20/20" this friday night, president obama says he's optimistic a deal will be reached, and he's confident the gop won't hold the middle-class taxes hostage to protect higher income americans. >> taxes are going to go up one way or the other, and think the key is to make sure the taxes go up on higher individuals like you and me, barbara. we can afford it. >> reporter: earlier on tuesday the president and house speaker john boehner shared a phone call to discuss the latest republican proposal. it comes after the obama administration lowered its request for new tax revenue from $1.6 trillion in over ten years to 1.4 trillion. but before the call boehner was critical of the president. >> right now the american peopl
CBS
Dec 7, 2012 7:00am PST
are now in the had hands of two men, president obama and house speaker eer jo boehner. bill plante is at the white house. good morning. >> reporter: good morning. and good morning in the west. the president has stepped up his rhetoric, warning failure to fix the fiscal crisis could sour the christmas season. as another day passed without any real progress, president obama ventured out to push his claim that the middle class will suffer. ♪ you better watch out you better not cry ♪ >> at the national christmas tree lighting, president obama joined the holiday mood. but earlier, visiting a middle class virginia family, he threatened that congress could ruin the christmas season. if it doesn't act, the administration says, middle class tax bills will increase by $2,000. >> we're in the midst of the christmas season. i think the american people are counting on this getting solved. the closer it gets to the brink, the more stress there is going to be. >> reporter: what may raise the stress level even further is the promise that both the president and treasury secretary geithner has m
CBS
Dec 7, 2012 4:30am PST
house says president obama has called egyptian president mohammed morsi to express concerns about the deaths and injuries of protesters there. morsi's supporters have been clashing with his opponents who have been protesting for a couple of weeks now. they're upset that morsi gave himself sweeping powers that place him above judicial oversight. this is a live picture outside in cairo. you can see that the tents are still up there and a lot of people congregating o on the street. >>> 4:47. the bizarre saga of john mcafee has ended. he was briefly treated for chest pains before being are brought to the cell. he is suffering from stress and hyper tension. mac afee slipped into a guatemala from neighboring belize and asked for asylum. authorityauthorities in belize want to question him about his neighbor's murder. >>> they are looking for a plan to a void the fiscal cliff. congressmen were on capitol hill talking about a negative impact in the spending cuts kick in january 1st. president obama failed a visit to a northern virginia family -- had a visit to a northern virginia family th
CBS
Dec 7, 2012 12:00pm PST
family lit the national christmas tree, president obama said the mandatory spending cuts and tax hikes that could kick in 25 days from now are threatening to ruin the holidays for millions of americans. >> the american people are counting on this getting solved. >> reporter: the two parties are leaving negotiations to the two main power brokers, president obama and house speaker john boehner. >> if the president doesn't agree with our proposal, he has an obligation to families and small businesses to offer a plan of his own. a plan that can pass both chambers of the congress. >> reporter: with the clock ticking toward the fiscal cliff deadline, government workers have joined the push but they want to make sure they're not cut out of the deal. >> federal employees that i represent have offered up $103 billion to the federal deficit. >> reporter: jd cox of the american federation of government employees say they can't afford anymore cuts and going over the fiscal cliff will impact millions of americans. >> there would be a lot of federal employees who would be furloughed or riffed and wo
CBS
Dec 10, 2012 12:00pm PST
the united states falls off the fiscal cliff and while president obama is out on the road pushing his plan to avoid it, some republicans are pushing party leaders to give into his top demand. cbs 5 reporter danielle nottingham explains why. >> reporter: president obama headed to detroit this morning to seek support from auto workers for his plan to raise taxes on the wealthiest americans. the the president's latest campaign-style appearance follows a weekend white house style meeting with house speaker john boehner. both sides remain hopeful but little progress was made. if the president and speaker boehner can't reach an agreement to avoid the fiscal cliff, taxes for all americans will go up, and across the board spending cuts will kick in on january 1st. economists say that combination would plunge the country back into a recession. >> reporter: there are signs some republicans will willing to compromise on taxes if they can secure cut to social security, medicare and medicaid. >> give the president the 2% increase that he is talking about, the rate increase on the top 2%, and all o
CBS
Dec 10, 2012 5:00pm PST
to compromise on tax hikes and spending cuts. ed to president obama hit the road to rally support from his plan. cbs reporter danielle nottingham has the latest from washington. >> president obama's public campaign to steer clear of the fiscal cliff took him to a diesel engine planted detroit. >> if congress doesn't act soon, meaning in the next few weeks, starting on january first, everybody's going to see their income taxes go up. >> private face to face talks were revised this weekend when house speaker boehner went over to the white house. neither side is releasing details about the conversation, but taxes are still the big sticking point. >> i'm not going to have a situation where the wealthiest among us, including folks like me get to keep all our tax break. >> while republicans have adamantly opposed raising taxes, now some are considering it if democrats agree to social security and medicare changes. republicans were disappointed with the proposed spending cuts in the president's first offer which do not include changes to entitlement programs. >> we have got to do something about the s
CBS
Dec 6, 2012 12:00pm EST
. >>> hello and thank you for joining us. i'm jc hayward. >>> president owe obama is heading to west virginia today to meet with a family that will feel the impact if the country goes over the fiscal cliff. groups are holding rallies on capitol hill demanding that congress and the. reach a deal. danielle nottingham has more. >> reporter: lawmakers are getting an earful about why they need to avoid the so- called fiscal cliff. >> you've got to nail this down. uncertainty is killing us. >> reporter: top economists came to capitol hill thursday to talk about the impact of tax increases and government spending cuts on the middle class. president obama and house speaker john baner -- john boehner spoke wednesday but publicly are holding firm on their positions. it's made clear the country could go over the cliff if congress fails to come to a agreement. the standoff and the country's skyrocketing debt concerned ryan ryan, so much so that he's the guy in the suit dancing gangnam style with former senator alan simpson. the can kicks back is working to get young people back to fixing
CBS
Dec 9, 2012 6:00pm PST
in a last ditch attempt to save itself, an act the obama administration has warned could trigger military intervention. worst-case scenarios are threatening to become reality. >> it's not going to be a clean outcome. in the best of circumstances, now, it will be chaotic and messy. >> reporter: the u.s. is helping to organize the opposition's military command and later this week is expected to officially recognize its political leadership. what impact that has on the outcome of the civil war remains to be seen. >> glor: david martin, thank you. in egypt the concession offered late yesterday by president mohamed morsi has failed to satisfy hits opponents. and tonight the regime appears to be preparing for the long haul. allen pizzey is in cairo. >> reporter: in a scene of chaotic as the country's politics, egypt's main opposition group tonight rejected the constitution drawn up by the government, along with a referendum on it scheduled for next weekend. in doing so they also said no to a form of compromise offered by president mohammed morsi who late last night rescinded a decree giving him
CBS
Dec 10, 2012 6:00pm PST
:30, president obama hits the road to sell his solution for avoiding the fiscal cliff. the president and the house republicans have just three weeks to find a compromise to stop automatic tax hikes and spending cuts, and both sides say they are ready to talk. cbs 5's danielle nottingham on what might be the key to the solution. >> president obama's public campaign to steer clear of the fiscal cliff took him to a diesel engine planted detroit. >> congress doesn't act soon, meaning the next few weeks, starting on january first, everybody's going to see their income taxes gop. >> private face to face talks were revised this weekend when house speaker john boehner went over to the white house. neither side is releasing details about the conversation, but taxes are still the big sticking point. >> i'm not going to have a situation where the wealthiest among us, including folks like me, get to keep all our tax break. >> reporter: republicans have adamantly opposed raising taxes, but some are considering it now if democrats agree to social security and medicare changes. >> republicans were
CBS
Dec 6, 2012 6:00pm PST
city, ben sosenko, cbs 5. >>> the governor of new jersey paid a visit to president obama to plead for money to help his state rebuild from superstorm sandy. the storm destroyed 80% of seaside heights more than a month ago. the famous boardwalk was left in pieces. today governor chris christie asked the president and congress for more financial aid. christie says it's going to take $37 billion to recover and the president promises to help. >> he knows that our work is not done any more than the work in the states is done. >> president obama is expected to ask for $50 billion in storm relief for new jersey, new york and connecticut. >>> meantime, president obama made a special trip to virginia today to highlight his fix for the "fiscal cliff." the deadline for the president and congress to find a way to avoid tax increases and spending cuts is 25 days away. president obama made a special point to sit with a middle class family in virginia this afternoon. he was trying to offer an example of who would be hurt by the republican tax proposal. >> for them to be burdened unnecessarily be
CBS
Dec 4, 2012 5:30pm PST
sponsored by cbs this is the "cbs evening news" with scott pelley. >> pelley: good evening. president obama dug in his heels today insisting on tax revenues for higher income earners but at a hint of compromise he said he would consider lowering tax breaks again next year. mr. obama wants to raise taxes on individuals who make more than $200,000 a year and on couples making more than $250. he said this today. the way to recovery. bill whitaker reports from california. schools close as the flu bug spreads. elaine quijano reports on where the virus is woshs and how efgtd the vaccine can be. and what city in america. >> raise revenues that are sufficient to balance with >> the issues is that we are going to have to raise revenues that are sufficient to balance with very you have to cuts that we've already made and we're going to have to see the rates on the top 2% go up and we're not going to be able to get a deal without it. >> pelley: that, the republican house speaker said in response, will never work. the republican counter offer cuts spending and raises taxes for no one and nancy cordes h
CBS
Dec 5, 2012 4:00am PST
hold their lines and no formal talks yesterday. president obama said he wasn't ruling out some reductions in entitlement programs such as medicare and social security, meanwhile house speaker john boehner has to win over hard liners in his own party. susan mcginnis is following it all. >> reporter: hi. good morning. there are some glimmers of common ground here among the two sides that could form the basis of a deal. the president is now talking about actually lowering the tax rate for the top 2% not now but later. and republicans are now taking some heat over their latest plan a lot of it from within their own party. >> five, four -- >> reporter: house speaker john boehner led the countdown to the lighting of the capitol hill christmas tree last night. >> one. >> reporter: but a different countdown weighs on the minds of these lawmakers, the countdown to the fiscal cliff. a series of tax increases and spending cuts due to kick in at the end the year. >> god bless us, everyone. >> reporter: speaker boehner offered the republican proposal this week and now he faces opposition fr
CBS
Dec 6, 2012 5:30pm PST
. oesident obama said the use of these weapons of mass bestruction would be totally unacceptable. well, tonight, david has new intelligence to report, and we have three stories on the breaking news in syria. we'll start with martin at the pentagon. >> reporter: u.s. intelligence so far has not detected any emgns syria is loading chemical weapons on to aircraft, but defense secretary panetta said it appears the embattled assad regime is preparing to do just that. >> there is no question that we remain very concerned, very thecerned that as the opposition advances, in particular on hemascus, that the regime might very well consider the use of chemical weapons. ing eporter: monitoring of syrian basis like this one has picked up evidence engineers have loaded the chemicals which combine to form the deadly nerve agent sarin, into bombs that could be dropped airplanes. satellites have seen trucks moving among want bunkers where the weapons and agents are believed to be stored. u.s. officials say the evidence is strong but circumstantial, not definitive. but that, combined with fighting in th
CBS
Dec 8, 2012 6:00pm PST
reporter: in his saturday weekly address, president obama nignaled he is open to making cuts on programs like medicare agd medicaid if republicans atree to raise tax rates for the rich. fini'm willing to find ways to cing down the cost of health care without hurting seniors and dther americans who depend on it. and i'm willing to make more entitlement spending cuts on top of the $1 trillion in spending duts i signed into law last year. >> reporter: his remarks came one day after house speaker john aehner announced the talks were stalled. >> well, this isn't a progress report because there's no progress to report. >> reporter: his democratic counter-part, nancy pelosi, blamed boehner for the stalemate. >> what they offered in return nas an empty letter, lacking in the fics. 3 dreporter: such is the state of negotiations 23 days before nhe deadline, when federal era le tax rates will revert to higher, clinton-era levels, a 2% ayroll tax cut will expire, and long-term unemployment benefits of dry up for over two million americans who have been out of work for six months or more. on friday,
KBCW
Dec 9, 2012 8:30am PST
, in washington. >> reporter: in his saturday weekly address, president obama signaled he is open to making cuts on programs like medicare and medicaid if republicans agree to raise tax rates for the rich. >> i am willing to find way to bring down the cost of health care without hurting seniors and other american who is depend on it. i am willing to make more entitlement spending cuts on top of the $1 trillion in spending cuts i signed into law last year. >> his talks came after speaker of the house john boehner reported the talks are stalled. >> there is no progress to report. >> his democratic counterpart, pelosi, blames bangle they returned an -- blames boehner. >> they returned an empty letter lacking in specifics. >> federal income tax rates will go back up to the higher clinton era levels and long term unemployment benefits will dry up for over 2 million americans who have been out of work for six months or more. on friday bade boehner did not rule out a compromise on tax hikes for top earner, somewhere between 25% and the clinton era 36%. even if the two sides are making progress behin
KBCW
Dec 9, 2012 10:00pm PST
. >>> president obama and house speaker john boehner met at the white house today and the topic of discussion is the impending fiscal cliff. spokesman for both men, they say two the agreed to not release details of the conversation, but that they emphasize the line of communication remain open. trying to find a deficit cutting deal to stop the combination of automatic tax increases and spending cuts scheduled to kick in at the beginning of the year. >>> former south african president nelson mandela is nit hospital tonight. those around him are giving few detailed investigation. the 94-year-old hero had been admitted to a military hospital for tests and as he was, "comfortable." a report says that he is no longer speaking. delegation of the leaders visit the hospital today. he became south africa's first black president in 1994. >>> well an unexpected find in san francisco's bay is stirring some excitement. signs of the marine life in the water's off of vallejo were one particular ball. it has been spotted in more than a century. cbs 5 reporter with this fine and what it could mean. >> reporte
KBCW
Dec 10, 2012 10:00pm PST
enthusiasm that follows a face-to-face meeting between president obama and house speaker john boehner. >> reporter: if lawmakers want to settle this in time for christmas, negotiators need to kick it into high gear next week. they must reach an agreement by early next week at the latest. that's the only way that members will have enough time to read it, debate it, and vote on it in the house and senate before heading home for the holidays. in a now familiar routine, both sides blamed each other today for the slow pace of talks. the senate democratic leader harry reid. >> right now they are the only thing standing between congress and the compromise. >>> a spokesman said that in a statement, the respect offer made last week remains an offer as we continue to wait for the president to identify the spending cuts he's willing to make as a part of the balanced approach that he promised the american people. and the white house and the speaker office has not released a single detail about that meeting on sunday. they think that it's good news, a sign that will become serious just in time. cb
KBCW
Dec 11, 2012 10:00pm PST
obama and house speaker john boehner may be working on a deal privately. the associated press says the two have been talking secretly by telephone. among the proposals the white house may agree to less tax revenue but the speaker still wants to see what cuts the president will make. publicly neither side is giving away anything right now. >> we're still waiting for the white house to identify what spending cuts the president willing to make as part of the balanced approach that he promised the american people. >> what is required is, you know, agreement by republicans to some specific revenues that includes raising rates. >> and right now there is no indication the president is willing to compromise on his insistence that tax rates for the highest earners must go up. >> protests over michigan's right to work legislation carried into the night. earlier demonstrators were outside and inside the capitol as michigan's house passed the bill the senate approved earlier. protesters demand the governor veto the bill. >> i appreciate they have a different perspective. but this is the right
CBS
Dec 5, 2012 7:00am PST
the rates on the top 2% go up. we're not going to be able to get a deal without it. >> president obama draws a hard line on taxes. >> republican and the white house both have offers on the table on how to resolve the nation's fiscal cliff crisis. >> we wasted an enormous amount of time here, sparring back and forth in public. it's a good time to get serious. >> let's just go over the [ bleep ] cliff. because you know why? at least for a few seconds, it will feel like we're flying. >>> this morning, police are questioning a man in that deadly subway push. they say he has implicated himself in the crime. >>> duchess of cambridge is continuing to feel better. >> australian radio station was able to pose as the queen, get information on the phone about kate's health. >> want to see how her -- >> she is sleeping at the moment and she has had an uneventful night. >> mohamed morsi under siege after 100,000 protests in the streets. >>> l.a.'s mayor has announced an end to an eight-day strike at the largest port complex. >>> best man's friend is learning a new trick. how to drive a car. get off the r
CBS
Dec 6, 2012 12:00pm PST
and government spending consults on the middle class. >> creating jobs -- >> reporter: president obama and house speaker john boehner spoke on the phone wednesday but publicly are holding firm on their positions. the white house has made clear the country could go over the cliff if republicans refuse to raise taxes on the top 2% of american earners. >> to do that to 98% of the american people, because of an insistence that the wealthiest americans get a tax cut would be profoundly wrong. >> reporter: republican leaders say they will close loopholes and eliminate tax breaks but bush-era tax cuts must be extended to all americans. >> reporter: the standoff and debt concerns ryan. so much so, that he is the guy if the suit dancing gangnam style with former senator alan simpson. the group the can kicks back is working to get young people involved in fixing the debt crisis. >> we are trying to connect with our generation in a different way using humor to hook them in and get them to learn about this issue and understand how it affects their lives. >> reporter: the grassroots campaign wants to sign up
CBS
Dec 7, 2012 5:00am PST
, president obama has made a phone call to egyptian president mohammed morsi. he expressed concerns about the deaths and injuries of protesters outside morsi's palace. demonstrators are upset about the new unrestricted powers morsi gave himself. >>> looks like authorities in belize will have to wait to question john mcafee. he's back in a georgia georgia tamilian jail. he asked for asylum there. he's wanted for questioning about murder in belize. >>> to reach an agreement on a plan to avoid the fiscal cliff. financial experts were on capitol hill yesterday to talk about the negative impacts if the automatic tax increases and spending cuts happen on january 1st. president obama visited a northern virginia family who would suffer finally if a -- financially if a deal isn't reached. the president's approval rating is at its highest point since the raid that killdee killed osama bin laden. 42% believe the nation is heading in the right direction. >>> the san diego zoo two new additions. they're 14 week old clouded leopard cubs and their adorable. they are brothers and playful. they like to po
CBS
Dec 7, 2012 6:00am PST
and spending cuts tick in january 1st. meanwhile president obama paid a visit to a northern virginia family who would suffer financially if a deal isn't reached. >> for them to be burdened unnecessarily because democrats and republicans aren't coming together to solve this problem gives you a sense of the cost involved in very personal terms. >> still the white house says the across the board spending cuts and tax hikes will takes effect if republicans refuse to raise taxes on the wealthiest americans. meanwhile a new survey shows the president's approval rating is at the highest point since the raid that killed osama bin laden. in addition, 42% believe the nation is heading in the right direction. >>> 6:10, a tycoon wanted for murder, how john mcafee ended up in the hospital. >>> a van plows into a jewelry store, narrowly missing the customer, what the driver says caused her to lose control. >> last going on, i had a former student give birth in the car. >> how about that, a lesson they never expected how teachers stepped in to deliver a baby in a school parking lot. we got that story and much
CBS
Dec 7, 2012 5:00pm PST
parties are leaving the talks to president obama and house speaker john boehner. here on capital hill, boehner says he is still waiting for the white house to respond to the latest gop proposal. >> this isn't a progress report because there's no progress to report. >> republicans are offering to extend tax breaks for all americans, close tax loopholes and cut nearly $1.5 trillion in spending. >> i came out the day after the election to put revenues on the table to take a step toward the president to try to resolve this. when is he going to take a step toward us. >> jay david cox sees real conqueenses if the country goes over the cliff. >> -- consequences if the country goes over the cliff. >> there would be a lot of employees who would be furloughed or lose their job. >> speaker boehner says he will be staying in town this weekend ready to negotiate with the president. danielle nottingham, cbs news washington. >>> a car can't be registered at the dmv. turning buyers and sellers into big losers. >>> when it comes to early december weather, does it get any better than this? if you're a
CBS
Dec 8, 2012 11:00pm PST
cliff. >> reporter: in his saturday weekly address, president obama signaled he is open to making cuts in programs like medicare and medicaid if republicans agree to raise tax rates for the rich. >> i'm willing to make more entitlement spending cuts on top of the $1 trillion in spending cuts i signed into law last year. >> reporter: his remarks came one day after house speaker boehner announced the talks were stalled. >> well, this isn't a progress report, because there's no progress to report. >> reporter: his democratic counterpart nancy pelosi blamed boehner for the stalemate. >> what they offered in return was an empty letter, lacking in specifics. >> reporter: such is the state of negotiations, 23 days before the deadline, when federal income tax will revert to higher levels, and long-term unemployment benefits will dry up for over two million americans who have been out of work for six months or more. on friday, boehner did not rule out a compromise on a tax hike for top earners, somewhere between today's 35% rate and the clinton era's 39.6%. >> there are a lot of things that are
CBS
Dec 9, 2012 5:30pm PST
. get a droid razr m by motorola for $49.99. . >>> president obama and house speaker met at the white house to discuss the pending fiscal cliff. spokesperson says the to agreed to not release details of the conversation. they say the lines of communication remain open. they are trying to find a deficit cutting deal to stop the creation of automatic tax increases and scheduled cuts scheduled to begin at the beginning of the year. >>> same-sex couples tied the knot in washington state today. . [ applause ] voters legalized it last month. today, it was the first day marriage ceremonies could be performed. about 140 couples registered to get married this morning. courthouses in some cities began performing ceremonies at midnight. washington, maine and maryland are the first states to approve same-sex marriage by popular vote. they joined six other states where it is already legal. >>> washington state man is taking advantage of a newly legitimate practice much he's opening the first marijuana smoke shop. the owner says the opportunity couldn't have come at a better time. >> the way the ec
CBS
Dec 11, 2012 12:00pm PST
jobs to the state but opponents including president obama are adamant the law is a political attack against unions. >>> in this economy people are struggling to find work but would you believe a bay area restaurant is struggling to find workers? cbs 5 reporter cate caugiran is in emeryville now. they have been holding job fairs. >> we're outside the construction site of that new restaurant also across the street from a job fair which started a few moments ago. as you can see by our little bear friend here. normally restaurant leaders of the black bear diner say they have lines around the block but as you can see, that isn't the case. >> we have very small turnout in comparison to our other job fairs. and we were a bit shocked. that's why we just were left dumbfounded. >> reporter: this is the site of the new black bear diner set to open next month. now the restaurant's concern is, will they have enough people to staff it? >> in comparison when we had job fairs in vallejo and milpitas, we had hundreds show up just lined up outside the door. >> reporter: 40 people showed up to yesterd
CBS
Dec 12, 2012 12:00pm PST
. but we have some serious differences. >> they have work to do. president obama, house speaker john boehner spoke by phone last night after republicans sent a new deal offer but senate majority leader harry reid isn't very happy about the discussion on the senate floor this morning. reid compared the back and forth between the gop leaders and the white house to the peanuts comic strike where charlie brown tries to kick the football that keeps getting yanked away. >> we are not going to fall for that again. the american people aren't going to be under the illusion that the republicans are sometime in the future going to come up with revenue. they are going to come up with raising the rates or, madam president, we are going over the cliff. >> well, if congress and the white house can't team up and reach a deal by new year's eve, automatic tax hikes and steep spending cuts will take effect which could send the united states back into recession. and clearly have a lot of work to do. >>> a dungeness deal has bay area crabbers out on the water again. they went on strike after brokers trie
CBS
Dec 6, 2012 7:00am PST
, there are just 26 days left before the fiscal cliff deadline. president obama spoke on the phone with house speaker john boehner on wednesday while his treasury secretary said the white house is, in fact, ready to go straight over the fiscal cliff. major garrett is at the white house. major, gd morning. >> reporter: good morning, charlie and norah. the president will cross over the potomac into northern virginia to meet with a family who says their taxes don't go up, they'll be happier and spend more money. that's the pr side of this. much more important, the context of the deal, keet players yesterday picked up the phone. phone call relatively brief and substantive. details remain elusive. it was shorter, sources say, to last week's 28-minute conversation described them as curt, direct and frank. no one familiar with this call used such barbed words. it also occurred before treasury secretary tim geithner laid down this harsh fiscal cliff marker. >> is the administration prepared to go over the fiscal cliff? >> oh, absolutely. again, there's no prospect to an agreement
CBS
Dec 9, 2012 7:30am PST
on the progress or lack thereof in washington. >> reporter: in his saturday weekly address, president obama signaled he is open to making cuts on programs like medicare and medicaid if republicans agree to raise tax rates for the rich. >> i'm willing to find ways to bring down the cost of healthcare without hurting seniors and other americans who depend on it. and i'm willing to make more entitlement spending cuts on top of the $1 trillion in spending cuts i signed into law last year. >> reporter: his remarks came one day after house speaker john boehner announced the talks were stalled. >> well, this isn't a progress report, because there's no progress to report. >> reporter: his democratic counterpart, nancy pelosi, blames boehner for the stalemate. >> what they offered in return was an empty letter, lacking in specifics. >> reporter: such is the state of negotiations 23 days before the deadline, when federal income tax rates will revert to higher clinton era levels, 2% payroll tax cuts will expire, and long-term unemployment benefits will dry up for over 2 million americans who have been
CBS
Dec 11, 2012 5:00am PST
michigan against a right to work bill. hour president obama is weighing in. >> even santa needs help sometimes. how one basketball star is bringing joy to some needy children. ,, ♪ secondhand smoke affects everyone's health. it's not just irritating. it can cause heart disease and even death. speak up about secondhand smoke. your health and the health of your family depend on it. to make just about anything delicious. introducing new jif chocolate flavored hazelnut spread. whatever you put it on... reaches a whole new level of deliciousness. choosy moms choose jif. a-claus. countinuing a 20-year tradi, n-b-a star shaquille o'ne >>> it is the season of giving. no one knows that better than shaqa claus. continuing a 20 years tradition, shaquille o'neal brought truckloads of toys for kids in need to the toys 'r us are times square. he and marines will distributed the toys. he played one year in boston. he does a lot for charity. >> it's so great to see. i like the shaq-a-claus. >> he is a little taller than most santas! but he does the job well. >>> this is a live look, conditions at
CBS
Dec 4, 2012 5:00pm PST
@captioncolorado.com >> pelley: mr. obama explains his top condition for a deal to the way to recovery.
CBS
Dec 5, 2012 4:30am PST
a republican proposal this week. but president obama quickly dismissed it because it includes no tax increase for the wealthiest americans. >> the speaker's proposal right now is still out of balance. >> there's only one person out of 307 million americans who can sign something into law. that's the president. >> a "washington post" poll shows 53% of americans will blame republicans if the nation goes over the so-called "fiscal cliff." 29% would hold the president responsible. >>> shares of pandora media fell nearly 20% in after-hours trading on a disurge asking outlook for their current quarter. the oakland-based internet radio company says it expects to lose between 6 and 9 cents a share in the 4th quarter. they reported 3rd quarter profits tripled to $2 million. that worked out to a penny a share and apparently not enough. >>> "star wars" franchise is officially gone to disneyland. federal regulators have cleared disney's $4 billion purchase. lucasfilm. filmmaker empire behind the "star wars" franchise. sale was announced back this october. disney says it plans to may sequels to the six-pa
CBS
Dec 5, 2012 12:00pm PST
businesses. >> reporter: president obama asked business leaders this morning to support his plan to prevent a fiscal crisis. >> let's allow higher rights to go up for the top 2%, that includes all of you, yes, but not in any way that's going to affect your spending, your lifestyles. >> reporter: if no deal is reached between democrats and republicans before the end of the year, taxes will go up for everyone and automatic spending cuts will kick in. the president wants bush-era tax breaks to expire for households making $250,000 or more. republicans are adamantly opposed to that. >> closing loopholes, especially on those who are wealthy, is a better way to raise this revenue than raising rates. >> reporter: republicans are also pressing their case with the public. house gop leaders invited small business owners to capitol hill for a meeting. republicans argue that tax increases will cripple small businesses. and max olson agrees. olson opened his insurance agency this year. he says the uncertainty over a looming tax hike is holding up his plans to hire more employees. >> right now, i'm prese
CBS
Dec 5, 2012 5:00pm PST
timothy geithner said the obama administration will reject a budget deal that doesn't include higher taxes for the wealthiest 2% of americans. >> and the "fiscal cliff" deadline is now a day closer and still no deal between the president and republicans. political reporter grace lee is live in the newsroom with what this gridlock could cost californians. grace. >> reporter: well, liz, now we have some very real numbers that's what's at stake if we go over the "fiscal cliff." the daily democrat predicts that our state could lose $4.5 billion and lose about 200,000 jobs and with 26 days until that deadline, the painful reality is just becoming more clear. >> at 3:00, they want to start us closing on wednesday at noon. >> reporter: a social security employee for 30 years he is joining fellow federal workers across the u.s. to spread the word that the "fiscal cliff" is looming and at stake, social security benefits for millions. >> they seem to go for the people who had the least political pull, poor, disabled, people in east oakland. >> reporter: people like a social secure recipient who reli
CBS
Dec 5, 2012 5:30pm PST
,000 to $108,000 bracket taxes go up $3,500 a year. mr. obama and the republican speaker of the house talked this over today and here's major garrett at the white house. major? >> reporter: scott, there is a code of silence the white house and speaker boehner's try to apply to these phone conversations, releasing as few details as possible to protect the underlying negotiations. nevertheless, cbs news has learned the following: the speaker and the president spoke before treasury secretary geithner's comments about going over the cliff. the conversation was described as brief, meaning shorter than the 28-minute conversation speaker boehner and the president had last week. also those familiar with the conversation tell me-- or do not used words like "curt," "frank" and "direct" meaning it was probably more gentle. also i'm told scott this is no longer a time for check-in phone calls between these two leaders. everything now is substantive about the underlying merit of what treasury secretary geithner. republicans believe this can be done through tax loopholes not raising rates on the wealthies
CBS
Dec 6, 2012 4:30am PST
obama and house speaker john boehner have resumed informal talks. they spoke by phone yesterday raising some hopes that formal talks will resume on how to avoid the new year's day "fiscal cliff." across-the-board spending cuts and tax increases as we all know will kick in if a budget agreement isn't reached by the end of the month. the president also met with ceos of some of the nation's largest companies hoping to convince them of the need for higher tax rates at upper income levels. >> we're not insisting on rates just out of spite or out of any kind of partisan bickering but, rather, because we need to raise a certain amount of money. >> house majority leader eric cantor says more needs to be done about spending right now. >>> meanwhile, public policy polling conducted an unusual survey to test american knowledge about debt reduction policy. people were asked what they thought of the panetta burns planning, something that doesn't even exist. one-fourth of the people took a stance on it anyway. 8% are in support by golly. 17% opposed. >> that's right. it's important to do research. >>
CBS
Dec 6, 2012 5:00pm PST
spending cuts on the middle class. from a home in virginia president obama sat with a middle class family he says will be hit hard if congress doesn't extend middle class tax cuts. >> for them to be burden unthis isly because democrats and republicans aren't coming together to solve this problem gives you a sense of the costs involved in very personal terms. >> republicans are standing behind their counter-offer to close tax loopholes and limit some deductions. they say the president needs to deliver a new plan they can agree on before the january 1 deadline. >>> stocks inched up as investors kept and eye on washington. the dow was up around 40, nasdaq up 16, s&p saw a 5 point increase. >>> the dungeness crab season has hit a snag. local crabbers are refusing to fish for the northern california delicacy after a new price fight with the wholesalers. the cbs 5 reporter anne makovec shows us the solidarity on the docks is being tested. >> strike last year this boat. >> right. >> well, you got go fishing. nobody is making money. >> you got go fishing. >> reporter: tensions are high on pier 45
CBS
Dec 11, 2012 5:00pm PST
:00, president obama says the u.s. now recognizes syria's main opposition group as the legitimate representative of the country's people. the president's comments paved the way for greater u.s. support as the group tries to oust syrian president assad. >>> meanwhile, as the "fiscal cliff" deadline approaches, indications that the president and house speaker john boehner are reportedly talking again, at least by telephone. among the proposals, the white house may agree to less tax revenue but the speaker still wants to see what cuts the president will make. but publicly, neither side is giving anything away. >> we're still waiting for the white house to identify what spending cuts the president is willing to make as part of balanced approach that he promised americans. >> what is required is, you know, agreement by republicans to some specific revenues that includes raising rates. >> there is no indication that the president will compromise on taxes on the wealthy going up. >>> a soon-to-open bay area restaurant is wondering where are all the workers? black bear diner is set to open a restaurant
CBS
Dec 12, 2012 4:30am PST
or to pay dues as a condition of employment. >>> today president obama will hold a conference call with some of the nation's mayors and community leaders all about that "fiscal cliff." the president and house speaker john boehner talked on the phone last night. the white house lowered the amount of revenue it wants to generate from taxes. republicans say they are still waiting to hear from the president about spending cuts. >>> today the federal reserve is expected to announce a revamped bond buying plan to help boost the economy. the fed's goal is to keep interest rates low and encourage individuals and companies to borrow and spend. experts say that could at least soften the blow from tax increases and spending cuts that will all kick in next month if they don't reach a budget deal. >>> a san francisco-based bank loses its top spot as far as keeping its customers happy. wells fargo has slipped to second place behind jpmorgan chase when it comes to customer satisfaction among big banks. it's the first time in a decade that wells fargo has not ranked number one in the american customer satis
CBS
Dec 7, 2012 6:00pm PST
to pass and make permanent the middle class tax cut. >> both are waiting to talk to president obama and house speaker boehner. here on capital here hill boehner says he is still waiting on the white house to respond to the latest proposal. >> this isn't a progress report because there is no progress to report. to >> republicans are offering to extend tax breaks for all americans, close tax loopholes and cut nearly $1.5 trillion in spending. >> i came out the day after election to put revenues on the tame to take a step toward the president to try to resolve this. ,,,,,, ,,,,,, >>> you made it. it is weekend time, and i can vouch for both weather and traffic. weather thumbs up. traffic, thumb's down. here is a live look outside. we have mainly clear skies and mainly congested roads. beautiful weather, though. also in the south bay we're looking good. we are cooling down quickly. many of you will be in the upper 30s by tomorrow morning. concord you will be one of those spots down to 51. san jose, 56 degrees. ground clutter being picked up by our radar. there was no rainfall for 400 mi
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